First Trust Alternative Absolute Return Strategy ETF - FAAR Stock Forecast, Price & News

First Trust Alternative Absolute Return Strategy ETF's stock was trading at $28.7650 on January 1st, 2022. Since then, FAAR shares have increased by 12.5% and is now trading at $32.3650.
View the best growth stocks for 2022 here.

First Trust Alternative Absolute Return Strategy ETF announced a quarterly dividend on Thursday, June 23rd. Shareholders of record on Monday, June 27th will be given a dividend of $0.003 per share on Thursday, June 30th. This represents a $0.01 dividend on an annualized basis and a yield of 0.04%. The ex-dividend date of this dividend is Friday, June 24th.
Read our dividend analysis for FAAR.

First Trust Alternative Absolute Return Strategy ETF (NASDAQ:FAAR) pays an annual dividend of $1.86 per share and currently has a dividend yield of 5.76%. FAAR has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for FAAR.

Based on aggregate information from My MarketBeat watchlists, some companies that other First Trust Alternative Absolute Return Strategy ETF investors own include Mercedes-Benz Group (DDAIF), Cognizant Technology Solutions (CTSH), Canadian Imperial Bank of Commerce (CM), Mack-Cali Realty (CLI), CONSOL Coal Resources (CCR), CaixaBank (CAIXY), Bankwell Financial Group (BWFG), BlackRock New York Municipal Income Trust (BNY) and ATI (ATI).

First Trust Alternative Absolute Return Strategy ETF trades on the NASDAQ under the ticker symbol "FAAR."

First Trust Alternative Absolute Return Strategy ETF's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include LPL Financial LLC (9.80%), Envestnet Asset Management Inc. (8.99%), ACG Wealth (4.39%), Private Advisor Group LLC (2.25%), Avantax Advisory Services Inc. (1.97%) and Jane Street Group LLC (1.83%).

Shares of FAAR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of FAAR stock can currently be purchased for approximately $32.37.

First Trust Alternative Absolute Return Strategy ETF (NASDAQ:FAAR) has a market capitalization of $184.48 million.